That's a new one...
This was being discussed on talk radio today. I almost crashed the car!
bump
Nope, it’s been there since the beginning.
Many of the summaries put out flagged it as an issue.
I posted that weeks ago.
But, I’m glad Rush is pointing it out. Maybe people will sit up and take notice.
Now we are beginning to see why Nancy, Obama, and Reid wanted this thing passed before recess. Before they come back from break I predict many of the dim members will gain a whole new outlook.
It’s a 1000 page bill. It’ll take some time to read it. That’s why the 0 wants to push it through NOW!
And nobody wanted Real ID cuz it was too close to a national ID.
They just keep pushing.
Looks lke I am going to need to close my bank account...come and get my money from my cold dead hands...
This is Marxism and must be stopped at all costs!
Ping.
Sounds like something out of the Book of Revelation.
Idiotic boneheads who voted for any Democrat in the last four years are so stupid that they don’t even think about what they’ve done to themselves and everybody else. Oysters are smarter than Democrat voters!
You can be very sure it is there. I read the whole thing just like I obtained a read a copy of Hillarycare. You have to forfeit your bank information to the feds. Big brother can debit you and if they change any rules, which is why they go to Congress each year, to tweak and tweak the rules, you may very well be debited for a FAT tax cause you eat to much!!!
I really love Rush. He is an outstanding spokesman for our cause. But, as regards, The federal government will have direct, real-time access to all individual bank accounts for electronic funds transfer to pay. Yes, my friends, the federal government will have direct, real-time access to all individual bank accounts for electronic funds transfer, meaning from your account to them. They will be able to debit your account for health expenses. That's on page 59, go get the bill. I'm summarizing here for you.
I think he's stepped in it big time. I sincerely doubt Rush read page 59 before making that statement.
Here is the entire page 59 of the bill (sorry for the formatting, they don't make it easy, emphasis mine)
59 ‘‘(H) harmonize all common data elements across administrative and clinical transaction standards. ‘‘(3) TIME FOR ADOPTION.—Not later than 2 years after the date of implementation of the X12 Version 5010 transaction standards implemented under this part, the Secretary shall adopt standards under this section. ‘‘(4) REQUIREMENTS FOR SPECIFIC STAND- ARDS.—The standards under this section shall be developed, adopted and enforced so as to— ‘‘(A) clarify, refine, complete, and expand, as needed, the standards required under section 1173; ‘‘(B) require paper versions of standard- ized transactions to comply with the same standards as to data content such that a fully compliant, equivalent electronic transaction can be populated from the data from a paper version; ‘‘(C) enable electronic funds transfers, in order to allow automated reconciliation with the related health care payment and remittance ad- vice;The item Rush is talking about is item C, just above.
This section of the bill is titled, SEC. 1173A. STANDARDIZE ELECTRONIC ADMINISTRATIVE TRANSACTIONS. You'll find the section heading on page 57. Pages 57, 58 (the one Rush is referring to) and 59-65 layout the guidelines for physicians filing electronic, as opposed to paper, healthcare claims.
Item C above, the one scores of people are claiming gives the Feds the right to tromp through your bank account, actually addresses electronic payment of claims to the physician, along with the remittance advice (FWIW, the payors group payments to the same physician and send one check which may be for several thousand dollars and pay for many patients. The remittance advice is a break down of which procedures for which patients the check is for).
I urge everybody to get a copy of the bill and read it for yourself (not an easy task, I can guarantee that). If you can't read all of it, at least read the salient parts people are using to try and back up outrageous claims like the one above.
You can get a copy of the bill here. It is in PDF format and is about a 1.7MB download.
For further reference, see this FR thread.
Time to cash out!
It’s like a new IRA - only not as nice...
And today, August 12th, 8 days later, we hear that the IRS will be getting access to all the accounts in Switzerland. So US citizens that have moved or want to or plan to shift funds into Swiss accounts are now doomed. Thank you EU and the international court crap.